Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
4 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Revenues:    
Total revenues $ 417,968 $ 395,550
Restaurant operating costs (excluding depreciation and amortization shown separately below):    
Cost of sales 99,670 90,941
Labor 145,421 138,108
Other operating 72,050 67,864
Occupancy 29,801 30,599
Depreciation and amortization 21,825 23,919
Selling, general, and administrative expenses 34,523 34,380
Pre-opening costs 582 62
Other charges (gains), net 9,759 5,307
Total costs and expenses 413,631 391,180
Income from operations 4,337 4,370
Other expense:    
Interest expense, net and other 7,417 7,413
Loss before income taxes (3,080) (3,043)
Income tax provision (benefit) 20 62
Net loss $ (3,100) $ (3,105)
Loss per share:    
Basic (in dollars per share) $ (0.19) $ (0.20)
Diluted (in dollars per share) $ (0.19) $ (0.20)
Weighted average shares outstanding:    
Basic (in shares) 15,996 15,748
Diluted (in shares) 15,996 15,748
Other comprehensive income (loss):    
Foreign currency translation adjustment $ 8 $ 11
Other comprehensive income (loss), net of tax 8 11
Total comprehensive loss (3,092) (3,094)
Restaurant revenue    
Revenues:    
Total revenues 406,893 380,612
Franchise and other revenues    
Revenues:    
Total revenues $ 11,075 $ 14,938